Upstart Holdings, Inc. (UPST) reported $162.14 million in income for the quarter ended September 2024, representing a year-over-year improve of 20.5%. EPS of -$0.06 for a similar interval compares to -$0.05 a yr in the past.
The reported income represents a shock of +8.14% over the Zacks Consensus Estimate of $149.94 million. With the consensus EPS estimate being -$0.14, the EPS shock was +57.14%.
Whereas buyers carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.
Right here is how Upstart carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Transaction Quantity: $1.58 million versus $1.30 million estimated by two analysts on common.
- Income- Income from charges, web: $146.76 million in comparison with the $155.07 million common estimate based mostly on 5 analysts. The reported quantity represents a change of 0% yr over yr.
- Income- Complete curiosity revenue, curiosity expense, and honest worth changes, web: -$12.20 million versus -$5.13 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a 0% change.
- Income- Income from charges, net- Platform and referral charges, web: $134.20 million versus the four-analyst common estimate of $121.69 million. The reported quantity represents a year-over-year change of +19.4%.
- Income- Income from charges, net- Servicing and different charges, web: $33.39 million versus the four-analyst common estimate of $33.38 million. The reported quantity represents a year-over-year change of -2.7%.
View all Key Company Metrics for Upstart here>>>
Shares of Upstart have returned +28.5% over the previous month versus the Zacks S&P 500 composite’s +4.9% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Upstart Holdings, Inc. (UPST) : Free Stock Analysis Report
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